Some people have mentioned that we use the spelling "City Bank" while the bank today is called "Citibank." The bank was incorporated as the "City Bank of New York, " and that was the name in 1831. The "Citibank" spelling was based on an eight letter wire code address used by the bank starting in the 1860s. The bank name, however, was not officially changed to "Citibank" until 1976. Many are noting that this heist was actually a burglary as opposed to a robbery. But theft from banks have always been characterized as “bank robbery” in the press, and it was commonly called a robbery in the contemporary press. The term “bank burglary” is simply not commonly used. Both types of theft- whether by force or “penalties for anyone who takes and carries away, with the intent to steal or purloin, any property or money or any thing of value in the care, custody, control, management, or possession of any bank, credit union, or savings and loan.” are covered under the Federal Bank Robbery statute, Title 18, section 2113 of the United States Code.
@@ronfullerton3162 , some of those Paul Harvey "Rest of the Story" episodes don't hold up well under scrutiny; he frequently cherry-picked and massaged the facts, leaving out conflicting information, in order to provide a more interesting story, one that fit his political views. A dispassionate student of history he was not. Entertaining, yes, but not to be taken at face value.
@@responsivepigeons9908 , I think you meant "expound", not " exponge" (expunge?). Anyway, a quick search found an article from 1997 (when Harvey was still alive) by a Wisconsin reporter, posted on the FAIR website (Fairness and Accuracy In Reporting), detailing a number of Paul Harvey stories that he and several others were unable to corroborate by fact-checking ( and Harvey refused requests for an interview to discuss this). I'd give you a direct link if I knew how, but I'm an analog guy in a digital world, so the best I can do is type in the URL here and perhaps that'll work. ( I tried it, and it does work for me!). fair.org/extra/the-right-of-the-story/
THG, I've said it before and I'll say it again. You Sir, are an outstanding story teller! An awful lot of us would sit here enthralled listening to you read a phone book, wondering what the next name was going to be. Once again, good job.
Sir, I continue to learn more from you and your wife than I ever did in school. Even though I am now 68 years old and a great grampa four times over, when I watch your videos I feel like a schoolboy. I wish I could get my grandkids to watch with me but they have to many other irons in the fire.
@@bendean4255 It's often misattributed to Dillinger, but according to the FBI the quote belongs to Sutton. www.fbi.gov/history/famous-cases/willie-sutton
Loved the use of ne'er-do-well. I spent over 20 years in law enforcement hoping for the chance to use the term, 'burly, sullen, ne'er-do-well' in an official capacity but could never fit it in anywhere without fear of bring fired. I did have the opportunity as an investigator to work a case with a Detective Holmes from another agency once. Needless to say witnesses and suspects alike were taken back when Watson and Holmes introduced themselves. And, yes, of course we cracked the case. 🙂 Keep up the great content.
24 year retired LEO here… I too like the term ne’er do well, but I was never able to get it into a police report. 😩. We would have certain “goals” some nights to get a certain phrase out over the radio. “ stop in the name of the law” was our first one, …and the rules were that it had to be used during a foot pursuit, and it had to go out over the radio. Nobody was able to do it😀😀. I was proud of one officer for getting the term “flippy floppy‘s” over the air when describing a suspect who was running away in sandals. 😀😀.
they do ....record profits.....to what end ? to have someone else, left alive, to squander it.....history repeats EVERY DAMM GENERATION....we don't learn nothing, nor any thing....
Man it’s almost like Bill Maher doesn’t know a thing about economics hmm... banks have been around for a very long time and the benefit of credit and loaned money is one of the first great inventions of our modern economy. Almost no business would be started without loans, people wouldn’t be able to afford school, and the economy wouldn’t grow
Your stories hit the 'mark' repeatedly for me( Mark Baker). My Grandfather was in fact , the town's constable of Kings Park, New York for oh so many years until his death. As a tot, I had lifted his revolver his it's holster at the family dinner one night ! Though he died before I was 4 years old, he served our town for decades. I may now begin to understand how his life as the town constable allowed him to raise all 16 children and 2 adopted kids , 15 boys and 3girls in there 2bedroom house . The boys had to 'hot-bed it' in the downstairs part of the house while the folks and girls slept up-stairs. A happy close family was theirs.
Hearing you say "Morris Canal", made me smile because I live near the remains of the Morris Canal. There isn't much left of it but, Its now a walking path in certain sections. Maybe the history of the canal that transported coal to the furnaces, then carried the iron to the ports for transport could be a video. But, either way, its cool to hear a local landmark in a video.
Great lesson as always. I wanted to throw a couple of history subjects for you to cover. My father, who is 87 and still Living, is a Vietnam era retired USAF Chief Master Sargent. He served from 1952-1978 and served 3 tours in SE Asia, USAFE Europe and the Strategic Air Command. During the Cuban Missile Crisis he was stationed at McGuire AFB NJ Where they were very busy with resupply activity. The three tours in SE Asia involved one tour in RVN and Two tours in Thailand. In Vietnam he was stationed at Bien Hoa Air Base in 1963/64. This was the main base for the initial “Operation Ranchhand” program. This was the use of Agent Orange To defoliate the countryside. I have been assured that no one was wearing hazmat suites or respirators during any time this occurred. In 1969 he was stationed at RT Base Utapao where B-52 strikes were employed in Cambodia and supported operation ‘Rolling Thunder’. On 7/18/69 a B-52 ready for takeoff with a full bomb load blew up at the end of the flight line. The concussion from the explosion damaged KC-135s on the alert tarmac and my father witnessed a Thai national buffing the floor of their office go parallel to the floor with the buffing machine. A few days later he was walking near the crash and picked up a primer from a 500 pound bomb. It has made An excellent door stop since. The third tour was 1975 to RT Base Khorat. He was traveling to this assignment during the Mayaguez Incident so missed that fun. But he didn’t miss the maintenance issues from damage some of the planes suffered and the closing Of the base. So much more of course. Enjoy.
I was Viet Nam Era veteran too, but just for the last three months. Saigon fell while I was in USAF Basic Training. Thanks to you for being an Air Force Brat and his service to our nation! What a record he had! Stay proud always!
Greetings from Clay County, Missouri ! Home of the first US DAYLIGHT bank robbery Thanks again, Lance! Closing in on a MILLION ! SHOW ME .............. the history, guy ! 867 thumbs UP !
This is one of your more enjoyable episodes as of late. Each morning I look forward to your notifications and enjoy your stories over breakfast. Thank you.
History Guy, I enjoy immensely everyone of your You Tube videos including todays episode about the City Bank of New York. As a former police officer and detective I have a pet peeve. That is when people confuse the terms burglary and robbery. A robbery is when the suspects take property from another by the use of force or fear. For a crime to be a robbery there has to be a human victim present. Therefore in order for a crime to be a bank robbery the bad guys have to have threatened a human bank employee, usually with a weapon, in order for them to give up the money or open a vault. The crime you so skillfully described today was a bank burglary. The suspects entered a building with the intent to commit theft or another felony. No human victim was present. They pulled the burglary on the weekend when no one was in the bank. I fully understand that you reported the crime as a robbery because that was how it was described in the newspapers of the day. I thought I would help you recognize the difference for the next time you research and present future incredibly good videos. Keep up the good work!! Nestor Escondido
I had absolutely no idea about this event. As someone that not only works for Citibank, and as a security executive, I found this thoroughly insightful and entertaining.
Once again you have set the record straight for me. I recently watched a Robert Redford documentary about the west. In it they claimed that Jessie James committed the first bank robbery in the United States. Maybe they should have said armed bank robbery.
Another piece of history that most people don't hear about is the Wellington Train avalanche of 1910 in which 96 people died and, in the same time frame the Battle of Coronel that is almost unheard of. Thank you for reading, your loyal subscriber.
Less than one minute into watching this video I was thinking I would have to comment, "don't all good stories involve bank robberies?". After all, modern banks, Citigroup in particular, are known to engage in legally sanctioned piracy and pillaging. But then, at 3:10 THG did it for me with his perennial reference to pirate stories!
So at one time New York City was a safe, intimate and orderly? What went wrong? Lock your doors and keep your head down. Again another great video. Thanks H.G.
"Had to be restructured" that is a euphemism for gone broke. Something that bank would do many times throughout its history. Most recently about 13 years ago
Very interesting - thank you for posting! Until the Civil War, the US Government did not issue any paper money. All money was gold, silver and copper coin which contained full intrinsic value until the 1851 silver three cent coin (trime) and the small cent (1857). Foreign coins were legal tender until 1857 since in the early years the US Mint was unable to mint the quantity of coin needed for commerce. Paper money was then considered and still is debt. I suspect that the robbers chose to concentrate on bank notes because of the weight. Bank Notes were generally unregulated debt backed by a quantity of gold and silver coins at the bank. The banks always issued more notes than their coins to increase profit from lending the money with interest. If people began to not trust the solvency of a bank there would be a "run on the bank" where people would demand their money in coin. Generally before all the coin was disbursed, the bank would close and in the night the bank president would remove the coin, put it in a wagon and leave town to go as far as possible. People would only accept paper money if they knew the bank. If you took paper money too far away, maybe nobody would accept it. Counterfeiting was common. Some people would only accept coin for payments. Gold doubloons were two escudo coins issued by Spain and former Spanish colonies. Their value was approximately four dollars. Spanish gold escudos and silver reales where the most common foreign coins circulating in the US. US newspaper advertisements frequently quoted prices in reales and escudos.
A pirate walks into a bar with a steering wheel sticking out of his zipper. The bartender asks: "What's with the steering wheel?" And the pirate says: "AAAARRRRRRGH, It's driving me Nuts."
It was left as part of an estate to our local library, who sold it at their book sale. I wish I knew who the original owner was, but it is a very nice piece by the Toys and Models corporation of Bergenfield NJ. The company is still in business, but I don't think they sell this exact model anymore.
@@justtime6736 while I agree with you that starts to wonder into a divided camp. Where as what france and citi bank did can at least be agreed on by all that it was unnecessary and unforgivable
Hey “History Guy” it is Charles Karult, CBS or Paul Harvey, “Good Day”. These two gentlemen are brought to mind when I view you channel. Your the guy. ENJOY~
Compelling as always! Before your channel I never imagined that learning these stories from history could be both enlightening and hypnotic at the same time. I wonder if one day you might tell the story of whatever happened to Western Auto stores. Growing up in the 1970s it was a place of wonder to browse. Everything from hardware to radios, bicycles and go carts. Their catalog was a veritable wish book. Looking back they were always there, until one day they weren’t.
Love your channel!I have a suggestion for a topic(hopefully one I have not missed)a study of some the exploits of F.A.Mitchell Hedges.It would evolve Battles with Giant Fish,Crystal Skulls...
@@katjagolden893 It took Andrew Jackson 3 weeks to travel from Nashville TN to DC. He went Nashville TN to Pittsburg Pa, by steam boat and then by carriage to DC and that was 1829.
To me, the compelling part was that the City of New York finally realized that the time had come for a real police department, even if it took several more years to get there.
This was a burglary not a robbery: Burglary is classified as a property crime, whereas robbery is considered a violent crime committed against a person. The FBI Uniform Crime Reporting (UCR) Program defines burglary as “unlawful or forcible entry or attempted entry of a structure with the intent to commit a felony or theft.” Though, some states may classify and define burglary slightly differently. Generally speaking, if a person enters a building without permission and with the intent to commit a crime, this is a burglary. In contrast, the FBI defines robbery as “taking or attempting to take anything of value from the care, custody, or control of a person or persons by force or threat of force or violence and/or by putting the victim in fear.” In plain English, if a person takes or tries to take something from another person and has either been violent towards or scared the victim, this is a robbery.
"Locks are no security against their depredations." If you ever get the chance to look at a locksmithing catalog, you quickly come to the realization that locks are only good against honest people.
I was at a friend's when the police were investigating a break in. My friend told the officer, "But I had everything locked up"! To which the officer responded, "Locks are only for keeping the honest, honest".
If you want to find out who in your neighbourhood or circle of friends and acquaintances is truly honest, just leave all your doors unlocked but install a well-hidden camera. Unfortunately, we are pretty much forced by insurance company policies to lock all our doors and windows because if we do get robbed and there's no sign of a physically-damaging break-in, the insurance companies will deny the claim because you didn't lock your doors! Sometimes I don't know which ones are the bigger modern pirates: banks, or insurance companies.....BTW, It amazes me how many people leave their cars unlocked, automobiles being far more likely to be robbed than homes, and yet some people even leave their keys in the car or leave it running for 10 or 15 minutes to warm up!
Locks on their own can only, at best, slow down a professional thief. You need to have active monitoring to make thefts really difficult. Ideally, if you're protecting specific targets of high value, you engineer it so the thief has no choice but to trip an active monitor at some point, putting a clock on the thief's activities.
@@goodun2974 I enjoy "locksport", which is the amateur picking or bypassing of locks. Even though I am not especially experienced, I can get through most door locks in 10 to 30 seconds, leaving no trace behind. If I were not honest, the average door lock would be little impediment. And there would be no sign of forced entry. Scratches on a lock from being picked is purely Hollywood detective fiction.
@@johns7734 My insurance company demand I use a particular lock for my electric bike. I had a look at Lock Picking Lawyer, it took him nearly 2 mins to pick it open. Not a bad lock then.... Ta.
As an amateur historian I love everything that you do I would love to be able to pick your brain one day. One of the things about New York that I found interesting that rarely gets talked about is the ccny scandal I found that very interesting that it's rarely talked about. Also the anarchist bombing of Wall Street that nobody ever speaks about as well. Maybe one day you could do something on one of those just a suggestion a loyal subscriber
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Some people have mentioned that we use the spelling "City Bank" while the bank today is called "Citibank." The bank was incorporated as the "City Bank of New York, " and that was the name in 1831. The "Citibank" spelling was based on an eight letter wire code address used by the bank starting in the 1860s. The bank name, however, was not officially changed to "Citibank" until 1976.
Many are noting that this heist was actually a burglary as opposed to a robbery. But theft from banks have always been characterized as “bank robbery” in the press, and it was commonly called a robbery in the contemporary press. The term “bank burglary” is simply not commonly used. Both types of theft- whether by force or “penalties for anyone who takes and carries away, with the intent to steal or purloin, any property or money or any thing of value in the care, custody, control, management, or possession of any bank, credit union, or savings and loan.” are covered under the Federal Bank Robbery statute, Title 18, section 2113 of the United States Code.
How about a history guy story of the ONES that got away. Successful bank heists have to have a few pirates.
Interestingly, the Evening Post went to press with “MARH 28.”
CORKTOWN ??????
These tidbits are also neat things to learn! (And that deserve to be remembered, too)
@@BuildingCenter I noticed that, as well! Maybe the editor was off work that day? Lol
"Don't all good stories have pirates?" Yes..you stretched it a little but you got them in...
"This is the Lockpicking Lawyer, and today I'll be talking about one of my ancestors"
hahahaha. and have i got a treat for you.
😄 From the sound of it, this bank must have used Master brand locks.
@@KarlBunker all the pins were zero cuts.
Used the tool designed by Bosnian Bill
Big click on 1, slight click on 2...and we’ve got it open.
"...the roundest of numbers....zero."
chortle, chortle....that's a keeper
the history guy the ultimate story teller of all times.
Har! Har! Har!
We have been blessed with many good story tellers, both famous and not. Do not forget "the rest of the story".
@@ronfullerton3162 , some of those Paul Harvey "Rest of the Story" episodes don't hold up well under scrutiny; he frequently cherry-picked and massaged the facts, leaving out conflicting information, in order to provide a more interesting story, one that fit his political views. A dispassionate student of history he was not. Entertaining, yes, but not to be taken at face value.
@@goodun2974 can you exponge more on this rhetoric and hypothesis my dear watson
@@responsivepigeons9908 , I think you meant "expound", not " exponge" (expunge?). Anyway, a quick search found an article from 1997 (when Harvey was still alive) by a Wisconsin reporter, posted on the FAIR website (Fairness and Accuracy In Reporting), detailing a number of Paul Harvey stories that he and several others were unable to corroborate by fact-checking ( and Harvey refused requests for an interview to discuss this). I'd give you a direct link if I knew how, but I'm an analog guy in a digital world, so the best I can do is type in the URL here and perhaps that'll work. ( I tried it, and it does work for me!). fair.org/extra/the-right-of-the-story/
THG, I've said it before and I'll say it again. You Sir, are an outstanding story teller! An awful lot of us would sit here enthralled listening to you read a phone book, wondering what the next name was going to be. Once again, good job.
“I’ve said it before and I’ll say it again.” God I hate morons who say that. How many more times will you say that again?
Sir, I continue to learn more from you and your wife than I ever did in school. Even though I am now 68 years old and a great grampa four times over, when I watch your videos I feel like a schoolboy. I wish I could get my grandkids to watch with me but they have to many other irons in the fire.
When asked why he robbed banks, famed bank robber Willie Sutton supposedly replied "Because that's where the money is." 🤑
😆 lol 😆 hilarious.
I thought Dillinger said that????
@@bendean4255 It's often misattributed to Dillinger, but according to the FBI the quote belongs to Sutton.
www.fbi.gov/history/famous-cases/willie-sutton
Why did Robin Hood rob only the rich? Because the poor had no money.
I thought Dillinger said that. Are you positive?
This is the best history channel!
Pirates keep turning up in the darndest places. Thankfully!
🏴☠️💰💰💸💸
Loved the use of ne'er-do-well. I spent over 20 years in law enforcement hoping for the chance to use the term, 'burly, sullen, ne'er-do-well' in an official capacity but could never fit it in anywhere without fear of bring fired. I did have the opportunity as an investigator to work a case with a Detective Holmes from another agency once. Needless to say witnesses and suspects alike were taken back when Watson and Holmes introduced themselves. And, yes, of course we cracked the case. 🙂
Keep up the great content.
I'm an old biker and tell people my friends are aging scallywags and ne'er-do-wells.
I just realised that ne'er-do-well and nogoodnik are the same concept. I like it.
24 year retired LEO here… I too like the term ne’er do well, but I was never able to get it into a police report. 😩. We would have certain “goals” some nights to get a certain phrase out over the radio. “ stop in the name of the law” was our first one, …and the rules were that it had to be used during a foot pursuit, and it had to go out over the radio. Nobody was able to do it😀😀. I was proud of one officer for getting the term “flippy floppy‘s” over the air when describing a suspect who was running away in sandals. 😀😀.
As I write this, THG is approaching 1 million subscribers! Congrats to you both for the top-notch content, production, and story-telling.
Bill Maher Quote: “If you have a gun, you can rob a bank, but if you have a bank, you can rob everyone.”
💯‼️
they do ....record profits.....to what end ? to have someone else, left alive, to squander it.....history repeats EVERY DAMM GENERATION....we don't learn nothing, nor any thing....
Bill Maher is an ass...But that's a good Quote . Wonder where he heard that ?
Man it’s almost like Bill Maher doesn’t know a thing about economics hmm... banks have been around for a very long time and the benefit of credit and loaned money is one of the first great inventions of our modern economy. Almost no business would be started without loans, people wouldn’t be able to afford school, and the economy wouldn’t grow
Tell Bill Maher if you control the media, you can rob people of their money, their freedom, and their democracy.
Your stories hit the 'mark' repeatedly for me( Mark Baker). My Grandfather was in fact , the town's constable of Kings Park, New York for oh so many years until his death.
As a tot, I had lifted his revolver his it's holster at the family dinner one night ! Though he died before I was 4 years old, he served our town for decades. I may now begin to understand how his life as the town constable allowed him to raise all 16 children and 2 adopted kids , 15 boys and 3girls in there 2bedroom house . The boys had to 'hot-bed it' in the downstairs part of the house while the folks and girls slept up-stairs. A happy close family was theirs.
Hearing you say "Morris Canal", made me smile because I live near the remains of the Morris Canal. There isn't much left of it but, Its now a walking path in certain sections. Maybe the history of the canal that transported coal to the furnaces, then carried the iron to the ports for transport could be a video. But, either way, its cool to hear a local landmark in a video.
What is the robbing of a bank compared to the founding of a bank?
- Bertolt Brecht
Great lesson as always. I wanted to throw a couple of history subjects for you to cover. My father, who is 87 and still
Living, is a Vietnam era retired USAF Chief Master Sargent. He served from 1952-1978 and served 3 tours in SE Asia,
USAFE Europe and the Strategic Air Command. During the Cuban Missile Crisis he was stationed at McGuire AFB NJ
Where they were very busy with resupply activity.
The three tours in SE Asia involved one tour in RVN and Two tours in Thailand. In Vietnam he was stationed at Bien Hoa
Air Base in 1963/64. This was the main base for the initial “Operation Ranchhand” program. This was the use of Agent Orange
To defoliate the countryside. I have been assured that no one was wearing hazmat suites or respirators during any time this occurred.
In 1969 he was stationed at RT Base Utapao where B-52 strikes were employed in Cambodia and supported operation ‘Rolling Thunder’.
On 7/18/69 a B-52 ready for takeoff with a full bomb load blew up at the end of the flight line. The concussion from the explosion damaged KC-135s on the alert tarmac and my father witnessed a Thai national buffing the floor of their office go parallel to the floor with the buffing machine. A few days later he was walking near the crash and picked up a primer from a 500 pound bomb. It has made
An excellent door stop since. The third tour was 1975 to RT Base Khorat. He was traveling to this assignment during the Mayaguez
Incident so missed that fun. But he didn’t miss the maintenance issues from damage some of the planes suffered and the closing
Of the base.
So much more of course.
Enjoy.
I was Viet Nam Era veteran too, but just for the last three months. Saigon fell while I was in USAF Basic Training. Thanks to you for being an Air Force Brat and his service to our nation! What a record he had! Stay proud always!
Greetings from Clay County, Missouri !
Home of the first US DAYLIGHT bank robbery
Thanks again, Lance! Closing in on a MILLION ! SHOW ME .............. the history, guy ! 867 thumbs UP !
This is one of your more enjoyable episodes as of late. Each morning I look forward to your notifications and enjoy your stories over breakfast. Thank you.
I'd be tempted to dub the incident the first media event bank robbery in the United States.
Knowing that it was Citibank that was stolen from, I enjoy this video so much more!
The finely dressed pirates of today can be observed running the largest banks.
And others, often in smart uniforms, are often engaged in issuing traffic citations
Based
Then put your money under your mattress
How true is that today? Wow
@@tomh6183 or a credit union
History Guy, I enjoy immensely everyone of your You Tube videos including todays episode about the City Bank of New York. As a former police officer and detective I have a pet peeve. That is when people confuse the terms burglary and robbery. A robbery is when the suspects take property from another by the use of force or fear. For a crime to be a robbery there has to be a human victim present. Therefore in order for a crime to be a bank robbery the bad guys have to have threatened a human bank employee, usually with a weapon, in order for them to give up the money or open a vault. The crime you so skillfully described today was a bank burglary. The suspects entered a building with the intent to commit theft or another felony. No human victim was present. They pulled the burglary on the weekend when no one was in the bank.
I fully understand that you reported the crime as a robbery because that was how it was described in the newspapers of the day. I thought I would help you recognize the difference for the next time you research and present future incredibly good videos. Keep up the good work!!
Nestor Escondido
The press and TV often confuse the terms robbery for burglary and jail for prison.
This was my "This Day in History" message for my work team today!!!
"We've been robbed!! Call the police!!"
"We haven't founded them yet."
"Crap".
That's funny. Good one.
The time when the police were pre-funded.
Thank you once again. Fantastic story.
History and true crime, a perfect combination. Than you.
I had absolutely no idea about this event. As someone that not only works for Citibank, and as a security executive, I found this thoroughly insightful and entertaining.
This kinda reminds me of that saying : “locks are only for keeping honest people out”!
Once again you have set the record straight for me. I recently watched a Robert Redford documentary about the west. In it they claimed that Jessie James committed the first bank robbery in the United States. Maybe they should have said armed bank robbery.
Believe it has been called the "first daytime bank robbery"
Robbery or burglary?
A very interesting story and told very well. I try to never miss an episode. Few episodes disappoint me!
‘The New York Job’
‘Ocean’s 1831’
The History Guy always reminds me of that guy who used to be on CBS who played the piano and commented on politics -- Mark Russell
Mark Ressell was a genius...and funny as all get out!
Naval Station Argentia is a story worth remembering...
Another piece of history that most people don't hear about is the Wellington Train avalanche of 1910 in which 96 people died and, in the same time frame the Battle of Coronel that is almost unheard of. Thank you for reading, your loyal subscriber.
The world needs a History Guy+Simon Whistler colab video.
Less than one minute into watching this video I was thinking I would have to comment, "don't all good stories involve bank robberies?". After all, modern banks, Citigroup in particular, are known to engage in legally sanctioned piracy and pillaging. But then, at 3:10 THG did it for me with his perennial reference to pirate stories!
I love learning about history. I especially like learning the history of NYC.
Excellent as always
this was such an amazing story! the best story teller of all times!
So at one time New York City was a safe, intimate and orderly? What went wrong? Lock your doors and keep your head down. Again another great video. Thanks H.G.
Keep up the good work. amazing story!
Another great video. Thanks!
The History Guy can work pirates into any story. And all the stories are great!
"Had to be restructured" that is a euphemism for gone broke. Something that bank would do many times throughout its history. Most recently about 13 years ago
Yes, they nearly went broke from bad loans in 1824.
The way of banksters.
Citibank insider emplotees call it (w/ some ire) "Shitty Bank."
I am so pleased to see your videos again in my feed.
...and it's History that Deserves to be Remembered!!!!
I love your love of History, and from it have found a new Love of My Own!
I love the old newspaper descriptions!
I love this channel 👍🇺🇸🖖
Very interesting - thank you for posting!
Until the Civil War, the US Government did not issue any paper money. All money was gold, silver and copper coin which contained full intrinsic value until the 1851 silver three cent coin (trime) and the small cent (1857). Foreign coins were legal tender until 1857 since in the early years the US Mint was unable to mint the quantity of coin needed for commerce. Paper money was then considered and still is debt. I suspect that the robbers chose to concentrate on bank notes because of the weight. Bank Notes were generally unregulated debt backed by a quantity of gold and silver coins at the bank. The banks always issued more notes than their coins to increase profit from lending the money with interest. If people began to not trust the solvency of a bank there would be a "run on the bank" where people would demand their money in coin. Generally before all the coin was disbursed, the bank would close and in the night the bank president would remove the coin, put it in a wagon and leave town to go as far as possible. People would only accept paper money if they knew the bank. If you took paper money too far away, maybe nobody would accept it. Counterfeiting was common. Some people would only accept coin for payments.
Gold doubloons were two escudo coins issued by Spain and former Spanish colonies. Their value was approximately four dollars. Spanish gold escudos and silver reales where the most common foreign coins circulating in the US. US newspaper advertisements frequently quoted prices in reales and escudos.
I love history, I really appreciate your gift of telling a historical story.
Another great story by the history guy
Another fine revisit and excellent forensic history.
i couldn’t help but grin when you revealed the culprit apprehended at the boarding house to be Honeyman.
A pirate walks into a bar with a steering wheel sticking out of his zipper.
The bartender asks: "What's with the steering wheel?"
And the pirate says: "AAAARRRRRRGH, It's driving me Nuts."
thanks
Excellent video & thoroughly entertaining. Kudos 👍
Another good story HG ! Now, what's the story about the model of that Corsair behind you?
It was left as part of an estate to our local library, who sold it at their book sale. I wish I knew who the original owner was, but it is a very nice piece by the Toys and Models corporation of Bergenfield NJ. The company is still in business, but I don't think they sell this exact model anymore.
I so enjoy your story telling! Thank you!
After watching... I took a minute to reflect... I'm glad I found this channel - Excellent production on all the THG video's...
I was half expecting the bank robbing partner of "Edward Jones" to go by the alias of Charles Schwab
History that shouldn't be forgotten... what citi bank did to Hati .......
Or what the Clinton Foundation did.
@@justtime6736 while I agree with you that starts to wonder into a divided camp. Where as what france and citi bank did can at least be agreed on by all that it was unnecessary and unforgivable
Hey “History Guy” it is Charles Karult, CBS or Paul Harvey, “Good Day”. These two gentlemen are brought to mind when I view you channel. Your the guy. ENJOY~
Great story Im just surprised the bank didnt employ an overnight guard especially since there had already been other robberies.
Compelling as always! Before your channel I never imagined that learning these stories from history could be both enlightening and hypnotic at the same time. I wonder if one day you might tell the story of whatever happened to Western Auto stores. Growing up in the 1970s it was a place of wonder to browse. Everything from hardware to radios, bicycles and go carts. Their catalog was a veritable wish book. Looking back they were always there, until one day they weren’t.
Fantastic
Smith and Jones as an alias...
_...so original._
He actually might have been the original...
Edward Jones went on to found a major financial services firm.
@@rabbi120348
🤔You sure?
I thought it was Edward Smith!
Loved that show when I was young...
@@diarcon Ha ha!
How about a video on the Polish armored battle trains of WW2?
Well said sir....Well said....Thanks
Great job!! I love this video. I love history. You did an amazing job.
I just love a good bank robbery story !! always brings a smile to my furry face ;-)
i would love to see a snowshoe thompson episode.
As there was no threat of violence or force used, this was a bank burglary.
But this was not a dwelling, so at common law it would be larceny.
Exactly
Burglary is unlawful entry to commit a felony. The type of structure does not matter.
Love your channel!I have a suggestion for a topic(hopefully one I have not missed)a study of some the exploits of F.A.Mitchell Hedges.It would evolve Battles with Giant Fish,Crystal Skulls...
How can we not enjoy a bank robbery with dab-loons and the history guy.
This was really a great video. thx
Last time I was this early History Guy only had 30,000 subscribers.
Last time I was this early that bank only had 2 gold coins
Hi 🙋🏽♀️ History Guy love your channel!!! I will have to look into the Nashville Robbery since I live just North of the city. Love it here.
The robbery was in New York- the story was published in a Nashville paper. I am sorry if there was confusion.
I wonder how long it took for the Nashville paper to receive the news of the bank robbery, since the telegraph wasn't invented and no railroads.
@@billd.6847 Most newspapers off the eastern seaboard first started reporting the crime in April. By that time Honeyman had already been arrested.
@@billd.6847 - would have been by word of mouth. Lol
@@katjagolden893 It took Andrew Jackson 3 weeks to travel from Nashville TN to DC. He went Nashville TN to Pittsburg Pa, by steam boat and then by carriage to DC and that was 1829.
I absolutely love your channel
This was not a terribly compelling story, but you tell it so well I had to give it a thumbs up. Well done.
To me, the compelling part was that the City of New York finally realized that the time had come for a real police department, even if it took several more years to get there.
Very nice, a very interesting story indeed, thank you.
This was a burglary not a robbery:
Burglary is classified as a property crime, whereas robbery is considered a violent crime committed against a person. The FBI Uniform Crime Reporting (UCR) Program defines burglary as “unlawful or forcible entry or attempted entry of a structure with the intent to commit a felony or theft.” Though, some states may classify and define burglary slightly differently.
Generally speaking, if a person enters a building without permission and with the intent to commit a crime, this is a burglary.
In contrast, the FBI defines robbery as “taking or attempting to take anything of value from the care, custody, or control of a person or persons by force or threat of force or violence and/or by putting the victim in fear.”
In plain English, if a person takes or tries to take something from another person and has either been violent towards or scared the victim, this is a robbery.
I was going to leave the same comment, but with the caveat that the newspaper sources cited by THG also used the term "Robbery."
This was a burglary, not a robbery. A robbery requires a taking by fear or threat of force. Thank you for an interesting story.
Excellent show.
How the Night Watch has fallen since its origins at the Wall...
Great story as always. I waited to hear about the act of the robbery but came to the conclusion that it wasn’t a robbery at all. It was a burglary.
Seems a shame that an obvious accomplice received the reward...
"Locks are no security against their depredations." If you ever get the chance to look at a locksmithing catalog, you quickly come to the realization that locks are only good against honest people.
I was at a friend's when the police were investigating a break in. My friend told the officer, "But I had everything locked up"! To which the officer responded, "Locks are only for keeping the honest, honest".
If you want to find out who in your neighbourhood or circle of friends and acquaintances is truly honest, just leave all your doors unlocked but install a well-hidden camera. Unfortunately, we are pretty much forced by insurance company policies to lock all our doors and windows because if we do get robbed and there's no sign of a physically-damaging break-in, the insurance companies will deny the claim because you didn't lock your doors! Sometimes I don't know which ones are the bigger modern pirates: banks, or insurance companies.....BTW, It amazes me how many people leave their cars unlocked, automobiles being far more likely to be robbed than homes, and yet some people even leave their keys in the car or leave it running for 10 or 15 minutes to warm up!
Locks on their own can only, at best, slow down a professional thief. You need to have active monitoring to make thefts really difficult. Ideally, if you're protecting specific targets of high value, you engineer it so the thief has no choice but to trip an active monitor at some point, putting a clock on the thief's activities.
@@goodun2974 I enjoy "locksport", which is the amateur picking or bypassing of locks. Even though I am not especially experienced, I can get through most door locks in 10 to 30 seconds, leaving no trace behind. If I were not honest, the average door lock would be little impediment. And there would be no sign of forced entry.
Scratches on a lock from being picked is purely Hollywood detective fiction.
@@johns7734 My insurance company demand I use a particular lock for my electric bike. I had a look at Lock Picking Lawyer, it took him nearly 2 mins to pick it open.
Not a bad lock then....
Ta.
Wow! Wonderful story, masterful delivery and
As an amateur historian I love everything that you do I would love to be able to pick your brain one day.
One of the things about New York that I found interesting that rarely gets talked about is the ccny scandal I found that very interesting that it's rarely talked about. Also the anarchist bombing of Wall Street that nobody ever speaks about as well. Maybe one day you could do something on one of those just a suggestion a loyal subscriber
Thank you for the presentations you make. Always interesting. :>)
“Don’t all good stories have pirates?”
Excellent ❤️❤️❤️❤️❤️❤️❤️
That was kind of a pirate “stretch” but I’ll allow it. Love these shows!!!
Locks only keep honest people out.
Haha, the robber used an alias of Edward Jones! As you may know them today as a private investment firm!
the best youtube channel
Thanks for that final wisecrack! "It SHOULD have been the first one!"
Great work